$118,475
SOLD MAR 21, 2025

429 N East St Tipton, IN 46072

4 Beds
3 Baths
1,896 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

86% Below List Price

3 Days on Market

About This Home

As of March 2025

Perfect addition to your investment portfolio! This 1.5-story multi-family property with 3 units, and on/off street parking is part of a package that includes 5 multi-family properties in the charming town of Tipton. Package includes this property plus 216 E Madison St (22016093), 443 N East St (22016095), 606 East Jefferson (22016101) and 627 N Main St (22016103). All 16 units are currently leased, providing immediate income. Whether you're a seasoned investor or just getting started, don't miss this package opportunity to earn rental income and grow your equity on this as-is sale! List price reflects the 5 property package.

Last Agent to Sell the Property

Rachael Burt

F.C. Tucker Company Brokerage Email: rburt@talktotucker.com License #RB15001149 Listed on: 01/13/2025

F.C. Tucker Company

Co-Listed By

Ellen Orzeske

F.C. Tucker Company Brokerage Email: rburt@talktotucker.com License #RB17000778

Last Buyer's Agent

Charise Goodnight

Re/Max Realty One

Re/Max Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1925

Parking

  • 1 Car Detached Garage

Home Design

  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 1.5-Story Property
  • 4,356 Sq Ft Lot

Listing and Financial Details

  • The owner pays for all utilities, taxes
  • Tax Lot 80-11-11-506-035.001-002
  • Assessor Parcel Number 801111506035001002
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,336

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1925
  • Co List Office Phone: 317-259-6000
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 39492
  • MBR_AttributionContact: rburt@talktotucker.com
  • Attribution Contact: rburt@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One and One Half
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Owner Pays: All Utilities, Taxes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 868000
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Solid Waste: Yes

Fee Information

  • Expenses: 8525

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4356
  • Parcel Number: 801111506035001002
  • Acres: <1/4 Acre
  • Price Acre: 1184750

Green Features

  • Green Certification Y N: No

Multi Family

  • Net Operating Income: 9835
  • Gross Income: 18360
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2336
  • Tax Lot: 80-11-11-506-035.001-002
  • Semi Annual Property Tax Amt: 1168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Orton Steel B
Bought by
Conrad Developments Llc
Current Estimated Value
$139,500

Purchase Details

Closed on
Jun 18, 2018
Sold by
Victor Orton
Bought by
Conrad Developments Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $47,000 --
Grant Deed $47,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $118,475 -86.4% $62 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $868,000 -- $458 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,520 $126,000 $8,100 $117,900
2023 $2,336 $116,800 $8,100 $108,700
2022 $2,092 $104,600 $8,100 $96,500
2021 $1,882 $94,100 $7,200 $86,900
2020 $1,846 $89,800 $7,200 $82,600
2019 $1,758 $85,400 $7,200 $78,200
2018 $1,686 $81,800 $7,200 $74,600
2017 $1,366 $65,800 $6,400 $59,400
2016 $1,394 $67,200 $6,400 $60,800
2014 $1,860 $93,000 $6,400 $86,600
2013 $1,860 $93,000 $6,400 $86,600
Source: Public Records

Agents Affiliated with this Home

  • Rachael Burt

    Seller's Agent in 2025

    Rachael Burt

    F.C. Tucker Company

    (317) 313-6276

    5 in this area

    52 Total Sales

    Section Image
  • Ellen Orzeske

    Seller Co-Listing Agent in 2025

    Ellen Orzeske

    F.C. Tucker Company

    (317) 691-5841

    5 in this area

    237 Total Sales

    Section Image

  • C

    Buyer's Agent in 2025

    Charise Goodnight

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22003650

MIBOR Broker Listing Cooperative®

APN: 80-11-11-506-035.001-002

Indiana Tipton County Tipton 46072

429 N East St, Tipton, IN

This home is located at 429 N East St, Tipton, IN 46072 and is currently priced at $118,475, approximately $62 per square foot. This property was built in 1925. 429 N East St is a home located in Tipton County with nearby schools including Tipton Elementary School, Tipton Middle School, and Tipton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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